Title Abstract and Settlement Offices

This U.S. industry comprises establishments (except offices of lawyers and attorneys) primarily engaged in one or more of the following activities: (1) researching public land records to gather information relating to real estate titles; (2) preparing documents necessary for the transfer of the title, financing, and settlement; (3) conducting final real estate settlements and closings; and (4) filing legal and other documents relating to the sale of real estate. Real estate settlement offices, title abstract companies, and title search companies are included in this industry.

Establishments of lawyers and attorneys primarily engaged in the practice of law are classified in Industry 541110, Offices of Lawyers; Establishments primarily engaged in underwriting or acting as agents in selling real estate title insurance policies are classified in Subsector 524, Insurance Carriers and Related Activities; and Establishments primarily engaged in providing real estate escrow and fiduciary services are classified in Industry 531390, Other Activities Related to Real Estate.